Loan Limits Each Year

In addition to the information below, please note the following: 

      • Once the borrower has received Direct Subsidized Loans for a period that is 150% of the published length of the borrower's current education program, the borrower is no longer eligible for Direct Subsidized Loans.
      • A first-time borrower who loses eligibility for additional subsidized loans loses interest subsidy on subsidized loans received on or after July 1, 2013 if the borrower did not complete the program AND continues enrollment in the program OR enrolls in another program of the same of shorter length.

For students enrolled as regular students in eligible programs, annual Federal Direct Loan limits are as follows:

Dependent Undergraduate Students

BASE AMOUNT (SUB/UNSUB)

ADDITIONAL LOAN (UNSUB)

TOTAL

First-year

$3,500

$2,000

$5,500

Sophomore

$4,500

$2,000

$6,500

Junior

$5,500

$2,000

$7,500

Senior

$5,500

$2,000

$7,500

   
Independent Undergraduate Students and Dependent Undergraduate Students Whose Parents Cannot Borrow PLUS

BASE AMOUNT (SUB/UNSUB)

ADDITIONAL LOAN (UNSUB)

TOTAL

First-year

$3,500

$6,000

$9,500

Sophomore

$4,500

$6,000

$10,500

Junior

$5,500

$7,000

$12,500

Senior

$5,500

$7,000

$12,500

Graduate Students (pursuing teaching certification, if independent)

$5,500

$7,000

$12,500

Pharmacy Students

$8,500

$24,500

$33,000